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increase font size A quasi-governmental takeover of Maine s electric grid risks means higher local taxes. Read Article Over the past month, there has been much debate in Augusta over whether Maine should forcibly seize the assets of Central Maine Power and Versant Power and establish a new governmental entity dubbed “Pine Tree Power” to take ownership of Maine’s electric grid. As local mayors, we believe this proposal would hurt local government and our constituents, and we urge Maine lawmakers to reject LD 1708 when they return to the State House later this month. This is an extremely complicated proposal that, if passed, would cost billions of dollars and be one of the most significant pieces of legislation to emerge from Augusta in decades. Legislation of this nature requires careful deliberation and study.

United statesMichael foleyJason levesqueDavid rollinsMark cayerLegislature utilities committeeUtilities committeeMaine legislatureCentral maine powerVersant powerState houseJanet millsPine tree powerஒன்றுபட்டது மாநிலங்களில்மைக்கேல் ஃபோலீஜேசன் லெவெஸ்‌க்